$5,343 Closing Credit*
$449,900
6 Beds
•2 Full Baths, 2 Partial
Listing Office: June Realty
Is 02839, RI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 02839 has remained a Seller's Market.
Key Takeaway
02839 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 02839, RI
How much do homes in 02839, RI cost?
Median Sold Price
$494,950
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$131,950(+36.3%)
Key Takeaway
Homes in 02839 have sold for 36.3% more than they did a year ago.
Summary: The median home sold price in 02839 was $494,950 in October 2024, up 36.3% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $207.5K | $175.5K | -15.4% |
| 3 Bedrooms | $400.5K | $502.4K | +25.5% |
| 4 Bedrooms | $318K | $535.7K | +68.5% |
| 5+ Bedrooms | $489K | $490K | 0.2% |
Summary: 02839 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 25.5%, 4 bedroom homes increased by 68.5%, and 5+ bedroom homes increased by 0.2%.
Median Sold Price Compared To Nearby Zip Codes
| 02839 | $363K | $494.9K | +36.3% |
| 02814 | $385K | $445K | +15.6% |
| 02830 | $385K | $427.5K | +11.0% |
Housing Supply in 02839, RI
How many homes are available in 02839, RI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Summary: The 02839 real estate market had 5 homes for sale in October 2024, a 16.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 1 | +100.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 02839 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 02839, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in 02839 in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for 02839, RI
How long does it take to sell a home in 02839, RI?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 75 Days | 8 Days | -89.3% |
Summary: Homes in 02839 had an average of 8 days on market in Oct 2024, down by 89.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 02839 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in 02839; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
